281 W Prairie Ave

Decatur, IL 62523

$162,000
Price
—
Beds
—
Baths
2,732 Sq. Ft.
$59 / Sq. Ft.
2,732
Sq. Ft.
$59
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

This building has been a solid income producer for the owner. The units have been upgraded in the last 3-4 years. Landlord pays all utilities. Expense breakdown available to qualified prospects upon request. Building is 100% occupied. Possession is subject to tenants' rights. Selling as-is.This building has been a solid income producer for the owner. The units have been upgraded in the last 3-4 years. Landlord pays all utilities. Expense breakdown available to qualified prospects upon request. Building is 100% occupied. Possession is subject to tenants' rights. Selling as-is.
  1. Listed by John Sellers • Brinkoetter REALTORS®
    P: (217)-433-1879 johnsellers@brinkoetter.com

Property Details for 281 West Prairie Avenue

Architectural Style
Traditional
Has Waterfront
No
Zoning
O-1
LISTING UPDATED: 03/07/2026 02:15 PM

Property Details for 281 West Prairie Avenue

StatusActive
MLS #6254941
Days on Market140
Taxes$2,960 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1900
Lot Size0.37 AC / 16,284 SF
CountyMacon County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Brinkoetter REALTORS®
Add your commute

Building Information for 281 West Prairie Avenue

Stories2Residences4Year Built1900Building Size-Lot Size0.37 AC / 16,284 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,054 per month

30 year fixed, 6.36% Interest

Principal and Interest

$807

Property Taxes

$247

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 281 West Prairie Avenue

Summary
Location and General Information
  • Latitude: 39.842247
  • Longitude: -88.958912
Taxes and HOA
  • Parcel Number: 04-12-15-279-020
  • Tax Annual Amount: $2,960.00
  • Tax Year: 2023
School Information
  • Elementary School District: Decatur Dist 61
  • High School District: Decatur Dist 61
  • Middle Or Junior School District: Decatur Dist 61
Parking
  • Carport: No
  • Garage: No
Property
Lot Information
  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Units: Acres
  • Lot Size Square Feet: 16284.0
Property and Assessments
  • Above Grade Finished Area: 1388.0
  • Building Area Total: 2732.0
  • Living Area Source: Public Records
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1900
  • Year Built Source: Public Records
Building Features
  • Levels: Two
  • Roof: Shingle
  • Stories: 2
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater, Range, Refrigerator
  • Basement: Full
  • Has Basement: Yes
  • Has Cooling: No
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Scheduled Income: $36,900
  • Operating Expense: $11,000.00

Property History for 281 West Prairie Avenue

DateEvent & SourcePriceAppreciation
Mar 7, 2026

Listed (Active)

Central Illinois Board of REALTORS #6254941

$162,000—
Jan 5, 2025

Temporarily Off Market

MRED #12261855

$159,000—
Dec 30, 2024

Listed (Active)

MRED #12261855

$159,000—
DateEvent & SourcePrice
03/07/2026

Listed (Active)

Central Illinois Board of REALTORS #6254941

$162,000
01/05/2025

Temporarily Off Market

MRED #12261855

$159,000
12/30/2024

Listed (Active)

MRED #12261855

$159,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 281 West Prairie Avenue

Taxable ValueLand$5,307Additions$27,772Total$33,079
Tax Record2025$3,087 ($257 / month)
Home Facts
Beds0StyleSingle Family ResidenceZoningMUNICIPALCountyMACONAPN04-12-15-279-020

Schools near 281 West Prairie Avenue

This home is within Decatur School District 61.
Rating
School
Type
Grades
Distance
Dennis Lab School
Public - K to 8
Macarthur High School
Public - 9 to 12
Johns Hill Magnet School
Public - K to 8
Eisenhower High School
Public - 9 to 12
Rating
School
Distance
Dennis Lab School
PublicK to 8

Macarthur High School
Public9 to 12

Johns Hill Magnet School
PublicK to 8

Eisenhower High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

More information about 281 West Prairie Avenue, Decatur, IL 62523

281 West Prairie Avenue is a multi-family home for sale in Decatur, IL 62523. This property was listed for sale on March 7, 2026 by Brinkoetter REALTORS®, it's currently listed at $162,000. It has been on the market for a total of 140 days and was last sold on October 21, 2021. This listing's school district is Decatur School District 61. Nearby schools include Dennis Lab School, Macarthur High School and Johns Hill Magnet School. 281 West Prairie Avenue is a 0-bed, 0-bath, 2,732 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brinkoetter REALTORS®

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Central Illinois Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Central Illinois Board of REALTORS®. All rights reserved.